201 S 5th St, Highlands, TX 77562

$550,000
4
BD
3
BA
2,238
SqFt

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List Price
$550,000
MLS#
65868658
Status
ACTIVE
Type
Single Family Residential
Subtype
Residential
Style
Ranch
Year Built
1946
Bedrooms
4
Bathrooms
3
Acres
0.23
Living Area
2,238
County
Harris
Area
2
City
Highlands
Subdivision
Highlands Townsite

Property Description

TURNKEY FULLY FURNISHED TRIPLEX | INVESTMENT PROPERTY | TWO ADUs! Newly renovated and ready to generate income, this versatile multifamily property offers an exceptional investment opportunity in Highlands, Texas. The main residence features modern finishes, an open-concept floor plan, luxury vinyl flooring, and an updated kitchen with granite countertops. Two fully furnished 2-bedroom, 1-bath ADUs are move-in ready and provide excellent potential for long-term or short-term rental income. Situated on two lots, this income-producing property offers multiple living spaces, flexible rental options, and potential for an owner-occupant house-hack strategy or growing investment portfolio. Furnishings are already in place, minimizing setup time and allowing for immediate occupancy or rental use. Conveniently located near Houston in a growing market, this property combines turnkey condition, multifamily versatility, and multiple income-producing opportunities. Schedule your private showing.

Additional Information

Unexempt Taxes
$7,394
Lot Size
25,000
Lot Description
Cleared, Corner Lot, Subdivision, Side Yard
Interior Features
Breakfast Area, High Ceilings, Kitchen Island, Kitchen/Family Room Combo, Pantry, Vaulted/Cathedral Ceilings, Ceiling Fans, Dining Combo
Flooring
Plank, Vinyl
Foundation
Pillar/Post/Pier
Roof
Composition
Stories
1
Fireplaces
1
School District
Goose Creek Consolidated
Elementary School
Highlands Elementary School
Middle School
Highlands Junior High School
High School
Goose Creek Memorial

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Calculator source: Real Geeks

Listing courtesy of Rita Zarghami from NEXTHOME Premier Homes Realty. Contact: